9.2 Reconciling Reports

Contractors are responsible for timely, monthly reconciliation of various accounting records. Reconciliation of records must include, but are not limited to:

• Tying out and totaling subsidiary ledgers to the general ledger;

• Reconciling the Contractor’s bank statements to the Contractor’s accounting records; and

• Reconciling expenditures reported in SPARCSystem for Payments and reports of Contracts for reimbursement with the Contractor’s accounting records.

Contractors shall reconcile CARES The eligibility determination system used to track activities and case management in TJ and TMJ. data and SPARC data by the last day of the month following the end of the quarter.

History: There are no previous versions of this policy.